Hormel Foods $850 million acquisition of Columbus Manufacturing

Overview:

• Hormel Foods has acquired Columbus Manufacturing for $850 million from private equity firm - Arbor Investments. 
• The acquirer aims to get exposure on the deli brand market.
• Columbus will continue operating from California and will start reporting to Hormel. 
• Barclays has acted as financial adviser to Hormel Foods, while Bank of America Merrill Lynch and Rothschild acted for Columbus Manufacturing.

Katrin Kostadinova - Data analyst